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LSEG’s FXall to open access for banks’ NDF algos

London Stock Exchange

London Stock Exchange building (right) in Paternoster Square

The London Stock Exchange Group’s dealer-to-client foreign exchange platform FXall is set to allow banks’ client execution algorithms for non-deliverable forwards to access its liquidity, sources have told FX Markets.

According to three bank sources, the platform will begin supporting submissions from banks’ NDF execution algorithms from next month.

A spokesperson for LSEG declined to comment.

Bank sources say the move by FXall to support NDF algos could provide a major boost for volumes on

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